USDJPY bullish momentum
Daly TF - The market has been moving bullishly in an ascending channel.
4Hr TF - Inside the D Channel the price has kind of squeezed into another ascending channel, and the last price move was a V formation, which is an impulsive move down and counter impulsive move up.
1Hr TF - After the market hitting a previous level tested (114.200) it moved impulsively to the upside, and it has been moving bullishly ever since, with that said, after recent price moved impulsively out of the expanding channel I'm now looking for another correction before considering getting into a trade.
Dollar index possible bullish momentum can give more strength to this analysis
4Hr TF - Inside the D Channel the price has kind of squeezed into another ascending channel, and the last price move was a V formation, which is an impulsive move down and counter impulsive move up.
1Hr TF - After the market hitting a previous level tested (114.200) it moved impulsively to the upside, and it has been moving bullishly ever since, with that said, after recent price moved impulsively out of the expanding channel I'm now looking for another correction before considering getting into a trade.
Dollar index possible bullish momentum can give more strength to this analysis
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.